Summit Utilities, Inc.
Summit Utilities is a privately held, multi-state natural gas distribution holding company operating approximately 17,000 miles of pipeline and serving roughly 525,000 residential, commercial, and industrial customers across Arkansas, Oklahoma, Colorado, Maine, and Missouri under regulated utility franchises.
- Company typePrivate
- Founded1996
- HeadquartersLittleton, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Summit Utilities, Inc. does
Summit Utilities, Inc. is a privately held natural gas distribution holding company founded in 1996 and headquartered in Littleton, Colorado. Through its regional operating subsidiaries — Summit Utilities Arkansas, Arkansas Oklahoma Gas (AOG), Summit Natural Gas of Maine, Summit Natural Gas of Missouri, Colorado Natural Gas, and the Peaks Renewables renewable natural gas subsidiary — Summit owns and operates approximately 17,000 miles of pipeline serving roughly 525,000 residential, commercial, and industrial customers across 450 communities in Arkansas, Oklahoma, Colorado, Maine, and Missouri. The business model is that of a regulated local distribution company: revenue is earned through rates approved by state public utility commissions based on a permitted rate base and authorized operating cost recovery, with customers billed a fixed monthly charge plus per-unit (therm/ccf) distribution charges.
Summit Utilities, Inc. firmographics
Firmographics- Name
- Summit Utilities, Inc.
- Legal name
- Summit Utilities, Inc.
- Website
- https://summitutilitiesinc.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Summit Utilities is a privately held, multi-state natural gas distribution holding company operating approximately 17,000 miles of pipeline and serving roughly 525,000 residential, commercial, and industrial customers across Arkansas, Oklahoma, Colorado, Maine, and Missouri under regulated utility franchises.
- Ownership category
- akta.pro rank
Summit Utilities, Inc. industry classification
Industry- Product category
- Natural Gas Distribution Utilities
- NAICS
- Natural Gas Distribution (22121), Natural Gas Distribution (2212), Natural Gas Distribution (221210), Pipeline Transportation of Natural Gas (48621), Utilities (22)
- SIC
- Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA)
- akta.pro secondary industries
- Gas Mains (Distribution Pipelines) (EUAJABAA), Network Construction, Replacement & Uprates (Capex Programs) (EUAJABAL)
Keywords
Where Summit Utilities, Inc. is headquartered
LocationHeadquarters
- HQ city
- Littleton
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Summit Utilities, Inc. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Supply Chain, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Natural Gas Distribution Services: Summit Utilities generates revenue primarily through the regulated distribution of natural gas to residential, commercial, and industrial customers across its service territories in Arkansas, Oklahoma, Colorado, and Maine. Revenue is derived from regulated utility rates approved by state public utility commissions, based on investment in infrastructure (rate base) and operating costs.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Summit Utilities, Inc. product offering
Product offeringCore offering
Summit Utilities owns and operates regulated natural gas distribution networks serving approximately 525,000 residential, commercial, and industrial customers across Arkansas, Oklahoma, Colorado, Maine, and Missouri through about 17,000 miles of pipeline. The company also operates Peaks Renewables, a subsidiary focused on renewable natural gas initiatives.
Product overview
Summit Utilities, Inc. is a natural gas utility holding company operating a multi-state distribution network through several regional sub-brands. The company provides natural gas distribution services to approximately 525,000 customers across Arkansas, Oklahoma, Maine, and Colorado, serving 450 communities through 17,000 miles of pipeline infrastructure. The portfolio includes Summit Natural Gas, Colorado Natural Gas, Summit Natural Gas Maine, Arkansas Oklahoma Gas (AOG), and Peaks Renewables (renewable natural gas initiatives). The company also operates a community engagement program called Summit Cares Grants supporting nonprofit organizations in their service territories.
Differentiator
Problem solved
Functional benefit
Brands
- Summit Utilities Arkansas (SUMMIT): Natural gas distribution operations in Arkansas
- Arkansas Oklahoma Gas (AOG)
- Summit Natural Gas Maine (SNGM)
- Summit Natural Gas Missouri (SNMO)
- Colorado Natural Gas (CNG)
- Peaks Renewables
Products and services
- Natural Gas Distribution Services Regulated natural gas distribution service delivering natural gas to approximately 525,000 residential, commercial, and industrial customers across Arkansas, Oklahoma, Colorado, Maine, and Missouri through approximately 17,000 miles of pipeline infrastructure. Customers are served under rate schedules approved by state public utility commissions.
- Renewable Natural Gas (Peaks Renewables) Renewable natural gas (RNG) initiatives operated through Peaks Renewables, a wholly owned subsidiary of Summit Utilities based in Boulder, Colorado, focused on advancing lower-carbon natural gas solutions.
Companies that use Summit Utilities, Inc.
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Summit Utilities, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Summit Utilities, Inc. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CenterPoint Energy, Inc.coreSummit Utilities agreed to acquire the Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc. for $2.15 billion, serving approximately 525,000 customers with 17,000 miles of pipeline. The acquisition aimed to expand Summit's service territory and capacity in Arkansas and Oklahoma, with closing expected by the end of 2021 after regulatory approvals. Richard Leger, later appointed as SVP of Operations at Summit (March 2026), most recently served as senior vice president of the natural gas business at CenterPoint Energy.
Scale indicators7 records
Recent moves5 records
Expansion highlights4 records
Summit Utilities, Inc. competitors and assessment
Company assessmentBroad incumbents
- Black Hills Corporation: Diversified utility holding with regulated natural gas distribution across multiple states plus electric utilities. Comparable as a multi-state regulated gas utility operator with similar rate base growth model.
Direct peers
- Spire Inc. Natural gas distribution utility serving ~1.7M customers across Missouri, Alabama, and Mississippi. Direct comparable to Summit's Missouri and broader multi-state gas distribution footprint.
- Atmos Energy Corporation: Largest US natural gas-only distribution utility serving ~3M customers across Texas, Louisiana, Mississippi, Colorado, Kentucky, Tennessee, Virginia, and other states. Comparable to Summit's multi-state regulated gas distribution model and Colorado overlap.
- Northwest Natural Holding Company: Natural gas distribution utility serving ~770K customers in Oregon, Washington, and Idaho with significant renewable natural gas initiatives. Comparable to Summit on regulated LDC operations and RNG strategy via Peaks Renewables.
- National Fuel Gas Company: Integrated natural gas company with regulated distribution serving ~740K customers in Pennsylvania and New York, plus pipeline and exploration. Comparable to Summit on the regulated gas distribution segment.
- Chesapeake Utilities Corporation: Natural gas distribution and transmission utility serving ~200K customers across Delaware, Maryland, Florida, and Pennsylvania. Smaller-scale regulated gas distribution peer with similar operating model.
- CenterPoint Energy: Large US utility holding company that sold its Arkansas/Oklahoma gas distribution assets to Summit for $2.15B in 2021. Direct comparable as a regulated gas distribution operator with multi-state service territory.
- Southwest Gas Holdings: Natural gas distribution utility serving ~2M customers across Arizona, Nevada, and California, with pipeline subsidiary. Comparable to Summit's regulated gas distribution LDC model with similar customer scale.
- New Jersey Resources: Natural gas distribution and clean energy holding company serving ~570K customers in New Jersey, plus midstream and storage. Comparable to Summit as a regulated gas distribution utility with midstream and clean energy subsidiaries.
- ONE Gas, Inc. Publicly traded pure-play natural gas distribution utility serving Oklahoma, Kansas, and Texas with ~2.3M customers. Closest direct comparable to Summit given overlapping Oklahoma service territory and similar regulated LDC model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Summit Utilities, Inc. social profiles
Digital presenceSummit Utilities, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summit Utilities, Inc. leadership team
Management profileNumber of profiles
Profiles6 records
Summit Utilities, Inc. subsidiaries and ownership
Company hierarchySubsidiaries6 records
Summit Utilities, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summit Utilities, Inc. M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Summit Utilities, Inc.
What does Summit Utilities, Inc. do?
Summit Utilities owns and operates regulated natural gas distribution networks serving approximately 525,000 residential, commercial, and industrial customers across Arkansas, Oklahoma, Colorado, Maine, and Missouri through about 17,000 miles of pipeline. The company also operates Peaks Renewables, a subsidiary focused on renewable natural gas initiatives.
Is Summit Utilities, Inc. a public or private company?
Summit Utilities, Inc. is a private company. It is classified as unknown and is currently operating.
When was Summit Utilities, Inc. founded?
Summit Utilities, Inc. was founded in 1996. It employs 101 to 250 people.
Where is Summit Utilities, Inc. based?
Summit Utilities, Inc. is headquartered in Littleton, United States, in the North America region.
How does Summit Utilities, Inc. make money?
One revenue line is on record: natural Gas Distribution Services.
Who are Summit Utilities, Inc.'s main competitors?
Black Hills Corporation is listed as a broad incumbent. Direct peers are Spire Inc., Atmos Energy Corporation, Northwest Natural Holding Company, National Fuel Gas Company, Chesapeake Utilities Corporation, CenterPoint Energy, Southwest Gas Holdings, New Jersey Resources and ONE Gas, Inc..
Does Summit Utilities, Inc. have an API?
No public API is recorded for Summit Utilities, Inc..
What industry is Summit Utilities, Inc. in?
Summit Utilities, Inc.'s product category is Natural Gas Distribution Utilities. Its primary akta.pro industry code is EUAAADAA, Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching, with a secondary code of EUAJABAA, Gas Mains (Distribution Pipelines). Its NAICS code is 22121 and its SIC code is 4924.